18
Jan
12:35
Gerdau sells Colombian, Dominican Republic operations to partner
Gerdau says it is selling its interest in joint ventures in Colombia and the Dominican Republic. The Brazilian steelmaker signed definitive binding agreements for the divestment of its 49.85% stake in Gerdau Diaco and 50% participation in Gerdau Metaldom to its partner Grupo Inicia, Kallanish learns from the company.
“The transaction is aligned with our capital allocation strategy, by emphasizing the growth and competitiveness of assets with greater potenti…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous